Dow Keeps Hitting Records; S&P Not Far Behind

This transcript has been automatically generated and may not be 100% accurate.

... the the ... like now the move over to the markets ... the Dow is on a ten game winning streak its longest since nineteen eighty six ... the SNP is near its all-time high can the momentum continue ... Brendan Conway from Barron's is here with our markets are portrayed in ... so much ... our rights LD tell us where he is in every Guinea get another weakening our eleventh update ... you know it certainly looks like an early on the reason I say that is ... the futures are basically flat this morning when you seen during the string of of of games is that ... what the future during the morning down twenty points or something but the indicator up people are coming into this market ... they don't wanna be left out ... I frankly I don't see any today ... a P okay okay so ... and in the new guy he I wonder how long ... you start to see things like margin that is is creeping back up the fix is in a low ... key start adding leverage with complacency new wonder ... man how long how long can this go without some sort of blowup get anything you know you know Rolfe folks are paying is your attention to what's going on in DC which frankly ... we're going up thirteen days away I guess from that shut down ... Guggenheim analyst pointed out this morning ... chart three Intel did that Kautz ... what he's going to happen is I'll be another one of these eleventh hour deals that's why the market ignoring it but the two sides in the house are so far that house the Senate or other so far apart on their budget ... later in the year and this is going to keep ... happening so it'll be interesting to see what the market thinks about incorrect but once I says ... well ... the APUs it is one sign of of not drag of the acceleration ... CPI ... yes yes one point seven percent ... yet so that was just being in an inch ahead of forecasts that already itself would have been the highest inflation ... options the fall ... out if you strip out the marble tile parts of the food and energy it matched expectations but point two percent is not annualized rate is about two percent so you know ... not nothing huge but certainly ... I think inflation is on the horizon maybe the midterm and if that ... frees the Fed is today that cause the Fed to step on the gas that that certainly later in the year would be ... harmful for markets in a sticky situation ... let's look anti Europe to Asia for folks I've I've Europe is mixed today ... aam is you can see France's up a little bit the UK Germany eyed wider Europe down ... the over in Asia also mixed ... aam ... now I also wanna ask you bring in about three stocks that you're looking at today and starting of course with JPMorgan yet on stage in Oregon is the most interesting one ... this regard double when the bad news yesterday on the first was the Federal Reserve cut a kicking the tires of the major banks ... they said the JPMorgan I'll ... go back into your plane again or else we may not lead you ... to your stock buybacks ... and a pale you didn't increase on ... that's tough news for JPMorgan because he was not long ago that people view this company is kind of thing you know ... the the gold standard of the largest balance sheet the most evil became exactly exactly enough milk or silicon having Ashley was there is a scathing Senate report that looked into the so-called ... London whale trades the story that we broke back in the dark last year yes exactly exactly what this report found ... so the claim ... the the the bank misled regulators misled investors ... Aviv and turned up a risk management's official a key official who said that ... the of the worries about the streets for garbage so it seems as though there are some current systemic failure inside the bank to recognize how significant was moving over will have more coverage on that at ten thirty on Markets Hub so come back for that moving over to another stock ... keeping on the theme of banks Bank of America ... was a Citigroup easy to others you do that yet ... so these are the two did not too long ago refuse the talks may there be reviewed is the painted word riskiness put BankAmerica stock is up ... this morning because they ... mean is it sure looks like they sailed through the Federal Reserve's ... process ... on they got the green light to do their buybacks ... on the stock is up almost five percent somehow that how the time change ... ok ok and last all this long cosmetics and fragrance yes ... this one is interesting is not a name that a lot of investors would have heard of but ... the stock trades for four boxes the market bottom ... it's not a hundred just about ... which is just stunning ... he might've seen the stories in the malls are these new ... giant cosmetics retailers ... and of the time very well in his quarterly report the just cable also ... great profit margin but ... the the the the the service like this disappointing came ... out with their forward-looking forecasts which wasn't all that high ... so that stock is down ten percent ... of